The Texas Department of Insurance led the charge to get multi-state settlement agreements from four insurance companies to refund more than $70 million to some 93,000 consumers, including about 71,000 servicemembers, according to a Pentagon news release. The companies are American-Amicable Life Insurance, Pioneer American Insurance, and Pioneer Security Life Insurance—all based in Waco, Tex.—and Boston Mutual Life Insurance. All four companies apparently misled low-ranking servicemembers into thinking they were buying investment products that were instead expensive term-life policies.
Competitors Not Picked for CCA Look Forward to Increment 2
April 25, 2024
While none of the major aircraft contractors were selected to develop the Collaborative Combat Aircraft, all three say they are seeking further autonomous aircraft work for the Navy, foreign partners, or in the classified arena, and maybe future versions of the CCA itself.